Brought to you by Quest Offshore & Southern Cone Consultants
3R Petroleum announced Thursday evening (20) that it had signed a commitment to structure and issue debentures, with a firm placement guarantee, in the amount of US$ 500 million. This amount will join another US$ 500 million raised by the oil company in August, through financing led by Stanley Senior Funding. With this US$ 1... Continue Reading →
Denmark-based offshore wind installation services firm Cadeler said Friday it had signed a letter of intent with a "blue chip" client. The client is looking into the possibility of using one of Cadeler's two O-class wind turbine installation vessels "over a long period of time," according to Cadeler. Cadeler has two O-class jack-up units -... Continue Reading →
Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs. The rigs in question are the "Galar", "Gersemi", "Grid", "Njord" and "Odin" and the contracts are with OPEX Perforadora S.A. de C.V. and Perforadora Profesional Akal I S.A.... Continue Reading →
(Reuters) The Biden administration on Thursday said it would hold a Gulf of Mexico drilling auction in March of next year to satisfy a requirement in the government's new climate change law. The Bureau of Ocean Energy Management (BOEM) will offer all of the available unleased acreage in the Gulf outer continental shelf on March... Continue Reading →
(Reuters) - Top oilfield services provider Schlumberger Ltd (SLB.N) reported a 64.9% jump in third-quarter profit on Friday that topped Wall Street expectations as a surge in oil and gas prices led to more drilling activity. Oil and gas producers are looking to increase production as crude prices stay near eight-year highs, boosting demand for Schlumberger's equipment,... Continue Reading →
(Reuters) Mozambique expects to ship its first liquefied natural gas (LNG) exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region. BP's LNG tanker, British Sponsor, has already arrived offshore northern Mozambique, said Welligence Energy Analytics in... Continue Reading →
Gazelle Wind Power, the developer of a hybrid modular floating offshore wind platform, said Thursday it had received the results of its basin model tests at the Environmental Hydraulics Institute-University of Cantabria (IHCantabria) facilities in Spain. According to Gazelle, the test report, witnessed by DNV and Safier Ingenierie, verified the feasibility of the Gazelle platform’s... Continue Reading →
(OE) InterMoor said Thursday it had secured the engineering design scope and the transportation and installation study for two upcoming offshore floating wind farms offshore Asia. The company, a brand in Acteon’s Engineering, Moorings and Foundations Division, said that one wind farm comprised 50-80 turbines, each of 15MW capacity, totalling a capacity of 750- 1200MW,... Continue Reading →
A new research project, launched this week today, aims to extend the use of offshore wind monopile foundations, to support larger turbines in deeper waters, global climate consultancy the Carbon Trust has informed. "Monopiles are the cheapest and most widespread offshore wind turbine foundation, however, they experience structural issues as their length and the weight... Continue Reading →
DNV and its partners on Thursday confirmed the completion of Phase 1 of a joint industry project (JIP) on Bottom Impact and Partially Submerged Conditions, which has resulted in a new framework for optimizing the installation process of offshore wind turbines. "New partners are encouraged to join Phase 2, which will focus on validating models... Continue Reading →
Brazil Energy Insight 